One of the ways governments try to bring their (market) economies out of recession, to reduce unemployment, etc. is by A) enacting price controls and rationing rules. BY) raising the minimum wage and lowering employment ages. C) limiting the amount of goods and services companies can produce. D) spending revenues on large projects using private sector contractors.

Question

Business

Emanuel Sutton

27 November, 22:13

One of the ways governments try to bring their (market) economies out of recession, to reduce unemployment, etc. is by A) enacting price controls and rationing rules. BY) raising the minimum wage and lowering employment ages. C) limiting the amount of goods and services companies can produce. D) spending revenues on large projects using private sector contractors.

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Answers (2)

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Makaila · Answer 1

Makaila 27 November, 23:32

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D

Explanation: i just finished

Maxim Hurley · Answer 2

The correct answer is D. One of the ways governments try to bring their economies out of recession, to reduce unemployment, etc. is by spending revenues on large projects using private sector contractors.

Explanation:

When there is an economic recession in which unemployment, lack of commercial activity and stagflation are generated, one of the ways by which the government can contribute to get out of this recessive situation is through direct investment, which transfers public funds to the sector private and generate employment and financial circulation in said sector.

Therefore, when the government invests money in public works and various projects through private companies, they need to hire labor and buy inputs, thereby generating employment and at the same time reinvesting the money received from the government, generating a movement that can reactivate the economy.